Offshore Brazil Energy Output Climbing as FPSO's Come On-line

SeaDiscovery.com

Monday, August 05, 2013

FPSO: Photo courtesy of Petrobras

In June 2013, Petrobras’ total output (oil and natural gas) in Brazil averaged 2,378 thousand barrels of oil equivalent per day (boed), 4.8% higher than May. Including the share operated by Petrobras for partner companies, total production in June was 2,489 thousand boed, 5.5% higher than the previous month.Details, excluding international production, are as follows:

The increase in production was due to the startup of new wells connected to platforms FPSO Cidade de Itajaí, in Baúna field, Santos Basin, and FPSO Brasil, in Roncador field, Campos Basin, in addition to the startup of FPSO Cidade de Paraty, in the Lula NE Pilot Project, in the Santos Basin pre-salt.

The production increase was also aided by the return into operation of platforms P-25 and P-31, in Albacora field, Campos Basin; and of FPSO Cidade de Angra dos Reis, which operates in the Lula field pilot project, in the Santos Basin pre-salt. These production units were undergoing planned shutdowns in May. According to the schedule, in June, platforms P-20 and Pampo-1 (PPM-1), both in Campos Basin, were stoped for maintenance.Moreover, it is important to highlight the pre-salt’s rising contribution to total volume.

In June, a new record was set with the daily average of 310.2 thousand bpd, including the share operated by the company for its partners.Total oil and natural gas production in June, including the company’s production abroad, averaged 2,612 thousand boed, 4.2% higher than May.

Natural Gas ProductionIn June, Petrobras’ non-liquefied natural gas output in Brazil was 63,430 thousand cubic meters per day, 6.2% higher than May. Total gas production in Brazil, including the share operated by the company for its partners, was 70,834 thousand cubic meters per day, a 6.8% rise compared to the previous month.